PHN and Centrum Łukasiewicz Begin Cooperation

Polski Holding Nieruchomości and Centrum Łukasiewicz have signed a letter of intent to establish the principles of future cooperation on joint projects related to effective real estate management.

According to the signed letter, in order to optimize the use of real estate resources, Polski Holding Nieruchomości and Centrum Łukasiewicz will undertake activities in the field of analysis of real estate resources, preparation and implementation of concepts for the development of selected properties, including obtaining financing for implementing development projects.

“The signing of the letter of intent between PHN and Centrum Łukasiewicz is a milestone in strengthening cooperation in the area of effective implementation of real estate policy. This document defines the framework for joint activities and is the starting point for determining the areas and detailed rules of cooperation governing mutual obligations,” said Jacek Krawczykowski, Vice President – Member of the Management Board for Investment, Polski Holding Nieruchomości S.A.

“Partnership with Polski Holding Nieruchomości is an important step towards the integration of science and business in the area of efficient use of real estate. Thanks to the synergy of competencies of Centrum Łukasiewicz and PHN, modern models of infrastructure management will be developed, which will take into account both technological aspects and principles of sustainable development,” said Hubert Cichocki, PhD, President of Centrum Łukasiewicz.

Centrum Łukasiewicz is part of one of the largest research networks in Europe, which operates in the Science is Business formula, creating technologies that change reality.

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ABOUT THE PHN GROUP

Polski Holding Nieruchomości S.A. is one of the largest groups in the Polish commercial property sector in terms of the market value of its portfolio. PHN Group has a diversified business profile – it is primarily active in the office, residential and logistics markets. PHN Group’s portfolio comprises more than 150 standalone properties with a market value of approx. PLN 3.5B. PHN Group provides comprehensive rental and management services – it currently manages more than 500,000 sqm of leasable space. PHN Group owns about 270 hectares of land earmarked for projects in various market segments. PHN Group is also active in the construction sector – by providing general contracting, subcontracting and design services, as well as in the development sector as an investor – by carrying out projects related to the construction and sale of residential units and the construction of commercial buildings. PHN Group’s main market is Poland. PHN’s activities in the rental segment are concentrated primarily in Warsaw and the largest regional cities, including the Tri-City, Poznań, Kraków, Katowice, Łódź and Wrocław. PHN has been listed on the Warsaw Stock Exchange since 13 February 2013.